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20121206
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- thirds of majority that allowed them to raise taxes if they choose without any republican support. >>> on capitol hill, there are just 29 days left for lawmakers to get together and find a way of avoiding the so-called "fiscal cliff." if a budget plan is not approved by year's end, automatic tax hikes and across- the-board spending cuts will take effect. but democrats and republicans seem to keep digging in their heels speaking on the sunday news talk shows. >> the president and the white house have had three weeks and this is the best we've got? >> what we can't do is try to figure out what works for them. they have to tell us. >> if congress doesn't act, america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase. >> "fiscal cliff," are you tired of it? >> i know. we are tired of it. >>> 6:10 now. a trip goes terribly wrong. how a california magician ended up in the hospital. >> the coast guard loses one of its own. how a smuggling investigation off the coast of santa barbara turned deadly. >> and we have a major recall to tell you about
" at the end of the year. some republicans have said they are willing to consider some tax increase but they are insisting on larger budget cuts to benefit programs which of course the democrats oppose. if all sides can't agree on a spending plan before year's end the automatic tax hikes and across-the-board budget cuts kick in. >> we must do everything we can to ensure that middle class families are not hit with $2,200 a year in tax increases. >> i hope cooler heads will prevail as we move through the process. we need to be working together. >> president obama is trying to generate public support for his ideas. he is going to meet with corporate executives today at the white house, then travel to pennsylvania friday to push for highers taxes for the wealthy. >>> susan rice on capitol hill today again to meet with lawmakers. the u.n. ambassador is trying to explain comments she made shortly after attacks on the u.s. consulate in benghazi, libya. yesterday she met with three of her strongest senate critics including arizona republican john mccain. rice first said the attack had grown
. the district has to cut back after measure q failed to get a two-thirds majority. it was for a parcel tax to fund fire services. >>> the san francisco board of supervisors is expected to give final approval today to ban public nudity. protestors stripped at san francisco city hall last month when supervisors gave preliminary approval to the ban. they plan to do so today. >> reporter: president obama is keeping a close eye on a week lon strike at two southern california ports. 800 members at the port of los angeles and long beach have been working without a contract for two years. the clerks don't handle cargo but dock workers are refusing to cross picket lines forcing a shutdown of those terminals. the strike is costing the u.s. up to $1 billion a day and it could delay shipments of holiday gift merchandise. >>> president obama will host a group of governors today to talk about the upcoming "fiscal cliff." this is after they rejected a count proposal from congressional republicans. that plan promises to trim $2.2 trillion over 10 years and includes $900 billion in entitlement cuts, two-th
stormwater was a d. the bay area needs to spend $3 billion a year to keep up. lawmakers say raising taxes is controversial but the best option at this point. in berkeley they just voted to pay higher property taxes to fix intrastructure. and now engineers are saying it could be a cautionary tale but it's best to pay now rather than pay for it 10 years down the road. live in daly city, cate caugiran, cbs 5. >>> remember, you can get live hi-def doppler radar for your neighborhood anytime and also find information on sandbag locations on our cbssf.com/weather. >>> let's kick it over to traffic now. we have a situation i guess down in san leandro. >> a truck hit cars in a car lot so damage to the cars in the lots. obviously a lot of flashing lights as well over head. we have chopper 5 zooming in. so you are looking live now at the intersection of east 14th and 162nd avenue. this is right there by the united auto center. again that truck just slammed into the cars. no injuries. the truck may have diesel fuel in it. you can see some cars were able to get by. only blocking maybe a lane or two o
of property taxes and a failed tax measure in november caused the district to burn through its cash reserves. >>> a decision on whether to buy a drone for the alameda county sheriff's office was sent to the public protection committee for further study. it's expected to hold a public hearing on the issue sometime in january. if approved, it will go back to the board of supervisors for a final decision. >>> and big bags of marijuana were hauled out of the victorian house that burned in san francisco. police also removed equipment for the growing plagues. the cause of the two-alarm fire in the haight-ashbury neighborhood is unknown. no one was injured. time now 6:10. >>> fiscal frustration. why a compromise on capitol hill looks more impossible every day. >> hundreds of thousands protesting at the egypt presidential palace. >> and the millionaire fugitive plans to make sure the government of belize never gets its hands on him. today... over president mohammed morsi's decision to declare his ial review. >>> in your world, protests continue in egypt to
. it includes 1.6 trillion in new tax revenue and $400 billion in cuts to entitlement programs but it doesn't look like geithner's visit did much good. >> the democrats have yet to get serious about real spending cuts. >> we are waiting for some specifics, somewhere, from our republican colleagues to show that they are serious on negotiations. >> if a compromise is not reached by year's end, automatic tax hikes and across- the-board budget cuts would take effect. >>> 6:09 on your friday now. the car of the year is going up in price. plus, could this be the mystery multimillionaire? take a look. new video of the possible winner of the record powerball jackpot. >> and a messy morning out there. we're on the stormwatch as we go to break with a look at our hi-def doppler all covered in green and yellow. an update on the storm when we come back. ,,,,,, (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forw
Search Results 0 to 5 of about 6